How to read numbers on bottom of cheque

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The use of checks originally started in the early s as a secure way to pay for goods and services. Many consider checks safer than debit cards because identity thieves can steal your card number easier than they can get their hands on your checks. In addition, writing a check does not automatically pay cash to the person or entity owed, allowing you time to stop payment on the check if needed.

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When I first started working here at Cheque Print, I knew very little about what cheques were. As I trained for this job, I learned a lot. For example, there are specific guidelines for what can be printed on a cheque and where those items must be placed.

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After you log in to EasyWeb, select the account you want to view, and then select the " Direct deposit form PDF " link on the right side of the page. Adobe Reader must be installed to view this document. Download Adobe Reader. Safari users should also ensure that the pop-up blocker is disabled.

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You must very often have used your cheque book to issue a cheque to someone, or better still have received it from someone. Ok, so you see account number and date but there are a few more numbers written four sets of numbers to be precise at the bottom of a cheque see the pic below. Ever gave a thought to those?

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In order to receive payments directly to your bank account, you'll need to provide us with your branch transit number, financial institution number, and bank account number. You will find these numbers on the cheques issued for your account. The branch transit number, financial institution number, and bank account number are located at the bottom edge of your cheque.

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Many of us frequently use chequebooks to pay for all kinds of things. But do you know how to read a cheque beyond those first six digits, known as the cheque number? What do other numbers on the cheque say and how do they help the banking industry facilitate the processing of cheques?

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You must very often have used your cheque book to issue a cheque to someone, or better still have received it from someone. Ok, so you see account number and date but there are a few more numbers written four sets of numbers to be precise at the bottom of a cheque see the pic below. Ever gave a thought to those? To be honest with you, even I had no idea what these numbers stand for, apart from the leftmost number which is the cheque number.

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Last modified by: Kevin Zimmer - June 15, Many employees will provide a voided cheque for direct deposit payment. In order to set up an employee with direct deposit payment, we will need three numbers: the Route financial institutionTransit and Account numbers, all of which can be found on a cheque.

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Bank Code: Next three digits represent the bank code. Every bank has a unique code assigned to it. Branch Code: Last three digits represent the branch code. Thus you can easily find which bank and branch a cheque belongs to by looking at its MICR number, and vice versa.

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